ALPHABASE:
YOU MEAN THAT HE, BOLA AHMED TINUBU USED TO BE A SECOND IN COMMAND TO EL-CHAPO LET US NOW ALL AGREE THAT CRIME IS A RESPECTER OF NO TRIBE OR RELIGION


I REST MY CASE

TheShopKeeper:
...I can't believe this is happening...

franchasng:
Tinubu's case is different; Tinubu was involved in money laundering (wire wire fraud) and drug trafficking syndicate in the US. So they caught him and he forfeited the money for them and returned back to Nigeria.



Onyema's own is his money which he sent to US using false documents. Both are crimes but different crime committed; Tinubu involved in drug trafficking and wire wire whole Onyema involved in document forgery as alleged by the publication

franchasng:
This is what happened.



Onyema didn't steal America's money neither did he stole any money from America. He only used a false document to move his own money in Nigeria to his registered company account in the US.


The question should be, where did the money he moved from his Nigerian bank to US bank came from


Mind you, Onyema was among the real estate moguls that sold most lands in Banana Island, he sold over a hectare or more.


So $20million is a small money because Onyema sold close to 2 hectares of lands in Banana Island during the said time and 1 plot of land in Banana Island back then should be around $1million which is around 20 plots of land.

All he needs to do is get good attorneys, and provide clean evidence how the money came about and why he used fake documents of a non existent Aviation company in the US to receive money.


This is not BEC fraud.


His case is different

Almajiri1:

Knowing the nature of the non strategic government we have today, Our government might likely play ball with the yanks and throw the man and brand under the bus. American will always lookout for it's own regardless.

Airpeace is succeeding where Nigerian Airways failed. This is a national asset that must be protected at all cost.

johnmartus:
Will you keep quiet and stop defending criminal. The facts is that you can't stop pig from bathing inside the dirty water.

OmoManU:

Why won't you? Fact is there are few clean billionaires in Nigeria

SalamRushdie:
Nigerian Business men must learn to make these international transfers very transparent as any hanky panky usually get the American feds to start being supicious ... So they have been hiding under the guise of plane purchase to move looted money out of Nigeria .

Almajiri1:

Knowing the nature of the non strategic government we have today, Our government might likely play ball with the yanks and throw the man and brand under the bus. American will always lookout for it's own regardless.

Airpeace is succeeding where Nigerian Airways failed. This is a national asset that must be protected at all cost.

Ayoefa:



Some just want to make it look like it's just a case of money transfer from Nigeria. It's deeper than that. I actually like this guy and I sure hope he can beat the charges. There's bank fraud involved here. The Feds do make mistakes but not in a large case like this. When they come for you, they have done their homework very well and they will catch you by the balls. No escaping. Been through it and still standing. Mr Oyenma wil go through the painful process and will come out of it sooner or later. Chances that his businesses will survive this is slim to none. Unless the Nigerian govt decides to step in for National security reason as this is the only truly national airline for now. I sure hope the govt. will give this man all the support he can get without appearing as if they are supporting a criminal

wristbangle:


Sure that some business men compromise at a point to keep their business from bankruptcy but apply tact and smart approach.

Good suggestion you brought up there. Stakeholders can't watch their money swim away except appointing someone but do you think they won't know about this shady deal? Just asking...

Ayoefa:



It's an opinion, not based on FACTS. We are still allowed to have opinions. I'm probably not far from the truth anyway.

YungMillionaire:


That's not how it works buddy. If you submit an export letter of credit, both the importer and exporter must abide by the conditions. By submitting the letter of credit to US banks, Onyema was claiming that the planes had been delivered to Nigeria. This is FRAUD. In this case it appears the importer (Onyema) sent the money and the exporter (also Onyema) did not deliver the goods. So at least one of the two Onyemas committed fraud/money laundering.

Now let me explain to you what Onyema did again. Onyema laundered 20 million dollars from Nigeria into America by pretending to import airplanes from America. The money entered Onyema's US accounts but the planes were never delivered even though the LC claimed othewise.

SalamRushdie:


What American interest is he in direct competition with? He buys only American planes

Almajiri1:

American businessmen and politicians commit far worse than you could ever imagine.

Dedetwo:


At least, the money belongs to air peace. It was meant to be used in purchase of aircraft built by USA instead he bought aircrafts built by Canada. Onyema did not defraud any bank either home or abroad.

Truth234:


Stop saying what you don't know. Tinubu had money laundering issue that was resolved many years ago before wire fraud became prominent. Nothing like wire fraud, check on DOJ.

Onyema didn't just falsify documents, he actually secured $20 million fraudulently from US banks using the identity of a supposed manager that had no knowledge of aviation industry to sign them and pushed them through banks. The manager is an American and already talking.

This fund was secured in 2016 and up until now, three years later, it has not been returned. Why if not fraud?

wwwihy:


Stop all these your conspiracy theories. Do you think everyone is gullible as you are. Use your IQ before spilling trash here. You narration is like secondary school students

YungMillionaire:


The money that flows from importer to the exporter through an LC agreement belongs 100% to the exporter. Any attempt to divert ANY of it is fraud for which both the importer and the exporter would be liable. What Onyema did here was use the name of one on his US LLCs as the exporter of the aircraft.

jjman2322:


exactly.. i mentioned pages ago that this is a problem.. this isnt EFCC

Once USA seeks his extradition, which they will, then Nigeria govt has to arrest him and proceed towards that.. and yes Buhari will gladly extradite him.. Cant mess up relationships with USA over one man..

Entering a plea deal = prison time
Fighting charges in trial = LOOONG prison time.

Moving = Maybe Russia? lol but they might grab him while he transits

Now he has been indicted it means the USA has already flagged him.. Once he flies out of Nigeria they will grab him.. doesnt matter if he goes to Dubai, UK, Spain, Canada, etc..

olasco2035:
one thing that is sure about the Igbos is that. they never make money through clean ways.....itz in their DNA....latee they will be shouting Igbo Amaka

J111333:
It will be a surprise to see a wealthy businessman with no iota of fraud in him so I'm not really shocked.
I'm only mad that this is coming at a time he is being celebrated for his recent good deeds.
Well, crime is crime and he has to take responsibility for his misdeeds good man or not.
I hope and pray he is proved innocent of this crime though.

Hizzy:
This is the out come of being IGBO he would've answered ALIYU or MOHAMMED but his parents named him Igbo name but as he has grown he would've named him self Aboki name

ornicus:
The denial and ridiculous conspiracy theories being thrown around are amazing.

This is really disturbing because it forces you to wonder how many real actual businessmen we have in this country, and how many are really criminals using businesses as a front.

I said earlier that the FBI has declared war on Nigerian fraudsters, the same way the dea declared war on colombian drug cartels in the 70s and 80s.

We have no idea how far down the rabbit hole we are going to go, and how many more Nigerians will be exposed.

We are back to that question of organic growth. How many Nigerian businesses wEre acorns that grew into trees and how many were mushrooms that appeared overnight?

Truth234:


That is why I stopped responding to her, the fraud was committed in 2016 according to DOJ. Meaning they've spent 3 years investigating Onyema activity, hence the discovery of his money laundering activity. It is going to be a long painful process and bigger than you highlighted as Air Peace's new aircraft acquisition contracts would suffer as manufacturers will now be demanding more documents or even conduct higher verification to ascertain sources of their funds. It's going to be tough unless govt stepped in.

Also, it is not possible for Onyema not to have an idea he is being investigated as his account would have been frozen prior to now, this may be one of the reasons he moved to evacuate 600 Xenophobic victims in South Africa few months back. He has Nigerian sentiment!.

jjman2322:


business men do it everyday through India & China imports.. not through USA.

and Its a CRIME, just because Nigeria doesnt prosecute doesnt mean its not bank fraud.

If youre a rich man and your money is clean, walk into your bank and transfer your funds..

Oga, you cannot walk to Zenith bank etc and wire anything.
Why do you think you have a limit per bvn on the amount of forex you can spend with you cards or even bta per person per year?
See the wahala to even transfer school fees sef.

There are people who wire millions of $ daily legally and they have no problems..

showafrica:


One niggarrr guy says.. If you are a real niggarrr, you will know that there is nothing like genuine money.

Kanade21:


In fairness to Linda Ikeji...she got into the blogging game around 2005/6...back when the interent space in Nigeria was very small, not many Nigerians even had links to the interent, talkless of home internet and 90% of browsing was done in cafes.

By the time home internet came around in 2008//9...Ikeji was in prime position to reap the benefits.

Sometimes the early bird does catch the worm.